While the Bill & Melinda Gates Foundation has been making small grants to ‘improve’ the functioning of the philanthropy sector for some time, it seems they’ve finally got around to institutionalizing a programme. Rumour has it that Darin McKeever, a former fellow at both the Catherine B Reynolds Foundation and Echoing Green and founder of Heads Up, a tutoring programme in Washington DC, will take charge of the portfolio. We also hear that with Bill Gates’ arrival, the Foundation is preparing to ramp up efforts to push the ‘creative capitalism’ concept to business and the press … though Legatum may be beating them to it.

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